Wednesday, October 30, 2024
HomeLongterm InvestingWhat's the long-term resolution? By Cointelegraph

What’s the long-term resolution? By Cointelegraph

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Hackers maintaining stolen crypto: What’s the long-term resolution?

At the same time as the continuing Binance-FTX saga continues to dominate the crypto airwaves, there was a rising pattern — an uneasy one at that — that has been garnering the eye of many digital forex fanatics in current months, i.e., hackers returning partial funds for locating exploits inside a protocol.

On this regard, only in the near past, the unhealthy actors behind the $14.5 million Staff Finance assault revealed that they might be allowed to remain in possession of 10% of the stolen funds as a bounty. Equally, Mango Markets, a Solana-based decentralized finance (DeFi) community that was lately exploited to the tune of over $110 million, revealed that its group of backers was working towards reaching a consensus, one that might permit the hacker to be awarded $47 million as a reward for exposing the exploit.